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20120928
20121006
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CNBC
Oct 1, 2012 3:00pm EDT
quarter. earlier some attributed part of the rally to what chicago fed bank president charlie evans told our steve liesman this morning on cnbc. listen. >> in my opinion, we'd continue with the asset purchases until we see payroll employment more like 200,000, 250,000. >> you're saying continue at 85 billion into all of 2013? that would be your recommendation? >> this is my recommendation. >> so is the fed's bond buying spree fueling the markets and should we be worried it won't last? that's what we're talking about right now. eric is with us of gerring wealth management. he says yes. gary clark says be defensive knew, expect a rally after the election. thanks for joining us. harry, why do you expect a rally after the election? we'll get nr clarity then? >> that's one thing. the uncertainty is the death of the market. i think we're going to get a correction first. the market is tired. the tired gain of last month was two days. ecb day and qe forever day. that's not good for the markets. the market needs a correction. think now anywhere from 5% to 8% will do it. a lot of money out there w
FOX Business
Sep 28, 2012 3:00pm EDT
frank rule amending speculation in the commodity market. it is a free market. before we get to charlie, i want to get to nicole. nicole: i want to take a close look at bank of america today. this is a huge settlement. this is after the whole merril lynch merger. bank of america agreeing to pay $2.3 billion. this is a huge settlement. bank of america took this merger and the question is whether or not executives had the key fax. whether they misled the shareholders. this is the largest settlement ever of its kind in a merger type situation. we are down 1.6% for bank of america. for the whole merger, this was a $32 stock. $8.83 a share today. you have to love these trading voice. i love when it's guys are running around trying to get their orders in. liz: let's get to charlie gasparino. before he was that merrill lynch, he was at the new york stock exchange. charlie: he is now at cit. he was maybe using that as a way to get back to the game. he has been ostracized from major wall street firms since as little as half with his office. he spent 1.22 million on the soap dish, the commode on
FOX Business
Oct 5, 2012 3:00pm EDT
is going on here because we lost a nice lead and end in the green for the dow it appears but charlie brady, a ief economist says at&t is responsible for a big chunk of this loss. >> united healthcare. those are the names weighing on the dow jones industrials. we have seen hewlett-packard in there and microsoft and j. p. morgan and some names that played on the dow going into the close. liz: dave: there are some all-time highs. consolation brands, we will talk to the ceo coming up so some stocks had good days. >> the dow hit the highest level in five years so constellation brand you think of corona and raven line an all-time high. walmart. you need your alcohol. you need your tobacco. dave: and wholefoods. may be inconsistent to smoke a cigarette when eating whole foods that doing pretty well. zynga a big movers today. >> they cut their outlook again. you see the dramatic fall off and a lot of favorites stay below. avalanche facebook and linkedin. dave: another sort of bumper is green mountain coffee. we are used to that and it lost 5%. >> we were watching green mountain. starbucks sa
FOX Business
Oct 2, 2012 3:00pm EDT
about it. liz: is regulated by london bank. charlie: it is regulated by him also. barclays jpmorgan, citigroup, all of them are involved in this thing. it will be a big mess. grass lake comes in today is really starting to turn up the heat. tell us what you knew. tell us if you considered ramifications for not taking a stronger stand at the time. there is an impact on monistic polities. municipalities have all of these contracts or financial derivative to balance the books. they lose money, the value of those investments go down when the interest rates go down. opposite of what usually happens. grassley is telling geithner, listen, let's make our own rate up. why are we doing this, they think almost everything, libor is the most universally used rate on something that could be so manipulated. it sort of put together by this trade group. liz: what are we letting the banks be part of it anyway? charlie: he said it in his letter. why don't we do in american based interest rate. something like that. i tell you, i think it will pick up a little game now. that is something you hear a lot
FOX Business
Oct 1, 2012 3:00pm EDT
the new york stock exchange, the cme group and the nymex. let's take a look at the cme, charlie needles, the cme. charlie, what a day? is it all on the back of the ism numbers? >> it is. you know, chi pmi came out overnight, and that showed things have stabilized there, in china. european pmi was in line, not lighting the world on fire. a little concern over the employment situation there. but if you look at the breakdown of the u.s. pmi, you kind of hit on all cylinders. the prices paid was actually a little higher, but if you're trying to reflate the market, that's a decent measure. it had been 54 last month, 58 this month. the employment sector picked up, new order sector picked up, but we did see an uptick in the employment sector. i think you hit it on the head, ashley, that's what the market's taking focus on today. aaron ash all right, let's go to ben willis at in ncse -- nyse. does this point to a much better recovery than we thought perhaps? because i think there's still a lot of mixed data out of there. >> oh, i think we're a little ahead of the game if we're looking f
FOX Business
Oct 3, 2012 3:00pm EDT
basic tools to prevent another catastrophe. charlie gasparino has the latest on this and joins us. charlie: we should get out why this is a big story. a pretty investing survey named the top three or four things investors are worrying about and why they are pulling money out of stocks. the dow is up big time. small investors are not in this market. they put their money in bonds and gold. they talk about market implosions. /crash and night capital blowing up and a comput fat finger. they're doing a high in sweep of the brokerages and here is what they are finding out. they are worried firms don't have safeguards. basic safeguards to prevent a massive screwup with a combination of human error and firms that have these firewalls or they are at least not adequate enough. at night capital, it is some sort of combination of technology not having the technology that would catch it but huge human error. this is a story that is not going away and one reason why is the sec investigation. tom choice, ceo of night capital still at the helm even though he was supposed to be watching and making
CNBC
Oct 2, 2012 4:00pm EDT
charlie evans basically told us yesterday. that's the message. you need to be looking for those high yield, high growth areas. >> mathematics of bonds just aren't there. >> we're at a search for yield. we're in a search for yield. gentlemen, thank you very much. talk with you soon. we appreciate your time tonight. we'll see you, guys. the federal reserve may have fueled a third quarter rally for sure, but the central bank's easing did have some unintended consequences. >> maria, while the market rallies, capital markets activities still lagged for much of the third quarter, according to final numbers. global m&a activity down. while that might not seem like a huge slide, it is when you know it was bolstered by aig's jumbo $20 billion secondary stock sale in august that comprised a third of the year's activity. the number of ipos is also down. cut more than in half from the same period last year. what the fed has done is juiced the high yield market, driving a record buying spree for junk bond at yields normally reserved for higher credit companies. in september, a home builder, d.r.
Search Results 0 to 6 of about 7